Internet

AI and deepfakes present new risks for internet relationships

People looking for genuine relationships via the internet will need to become a lot more savvy about new technologies which expose them to romance fraud at an "entirely new level of risk," warns QUT internet fraud researcher ...

Security

Canadian extradited to US to face ransomware charges

A Canadian man has been extradited to the United States to face charges in connection with ransomware attacks that netted tens of millions of dollars in cryptocurrency, the Justice Department said Thursday.

Business

Jurors mull whether Theranos founder guilty of fraud

Jurors late Friday began deliberating whether fallen Silicon Valley star Elizabeth Holmes conned investors or earnestly believed the technology used by her blood-testing startup could revolutionize the industry.

Theranos founder's fraud trial opens in Silicon Valley

Fallen biotech star Elizabeth Holmes's fraud trial opened Wednesday in California, with prosecutors claiming she told grandiose lies to cheat investors in her once-billion-dollar company, as her defense said she simply made ...

Business

Nikola founder Milton to face securities fraud charges

The founder and one-time executive chair of Nikola Corp. surrendered Thursday in New York to face charges alleging he lied about the electric and hydrogen-powered truck startup, duping some financially struggling novice investors ...

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Fraud

In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and is also a civil law violation. Many hoaxes are fraudulent, although those not made for personal gain are not technically frauds. Defrauding people of money is presumably the most common type of fraud, but there have also been many fraudulent "discoveries" in art, archaeology, and science.

This text uses material from Wikipedia, licensed under CC BY-SA